HomeMy WebLinkAboutTR-11-81 MEMORANDUM
TO: Chairman & Members of the Finance & Administration Committee
FROM: Klaas Degroot, C.G.A. , Treasurer
DATE: February 25, 1981
ITEM: TR-11-81
SUBJECT: Activity Report - Cash Management
Recommendation:
"RECEIVE FOR INFORMATION"
Report:
Appended hereto please find schedules reflecting the following:
1. Cash transactions for January 1981
2. Continuity of Taxes Receivable January 1981
3. Statistical Information
In these three schedules we have attempted to show the essentials of
departmental activities in the relevant areas. The schedule entitled Cash
Transactions will show when relevant; the appropriate information related to
investments and borrowings. Since this is the initial report to Committee
on this area of activity, it would be appreciated if the Committee would
indicate any additional information it would require or changes in formats
that would be desirable.
K. Degroot. Its
CASH TRANSACTIONS
January 1981
Cash Balance - December 31, 1980 $ 85,000
Receipts - Taxes $146,000
- Other 467,000
613,000
Total Cash Available 698,000
Disbursements - Debt Charges 53,000
- Payroll 162,000
- Accounts Paid 417,000
632,000
Cash Balance - January 31, 1981 $ 66,000
Continuity of Taxes Receivable
January 1981
Balance Receivable - December 31, 1980 $1,090,000
Additions: Penalties & Interest $25,000
25,000
1,115,000
Reductions: Payments Received 146,000
Balance Receivable - January 31, 1981 $ 969,000
-(o
STATISTICAL INFORMATION
January 1981
Payment Received - Taxes 363
- Other 424
Tax Certificates Issued 86
Accounts Payable Cheques Issued 623
Dog Licenses Issued 195
Burial Permits Issued 14